NEW YORK (AP) — Stocks are climbing on Wall Street Tuesday, recovering some of last week’s losses to pull closer to their record highs. The S&P 500 was 0.6% higher in early trading and got back within 1% of its record set earlier this month. The Dow Jones Industrial Average was up 140 points,...
Stock markets got off to a slow start for the week despite news that the Chinese economy grew 2.3% in 2020 after a sharp contraction early in the year. Shares fell in London and Tokyo on Monday but advanced in Hong Kong, Paris and Shanghai. Most U.S. markets are closed for a national holiday. Investors appear to...
MILAN (AP) — Stellantis, the car company combining PSA Peugeot and Fiat Chrysler, was launched Monday on the Milan and Paris stock exchanges, giving life to the fourth-largest auto company in the world. Stellantis shares rallied 7.6% in Milan to 13.53 euros ($16.32). CEO Carlos Tavares said during a...
NEW YORK (AP) — Wall Street closed out its first losing week in three with another drop on Friday after reports showed the pandemic is deepening the hole for the economy, as Washington prepares to throw it another lifeline. The S&P 500 fell 27.29, or 0.7%, to 3,768.25, with stocks of companies that...
Asian shares were mixed on Friday after a late slide in several Big Tech stocks left major indexes lower on Wall Street. U.S. futures were trading slightly lower after President-elect Joe Biden announced his plans to propose a $1.9 billion package to help along a recovery from the coronavirus pandemic. Biden...
NEW YORK (AP) — Shares of Poshmark Inc. more than doubled in their stock market debut Thursday, a testament to investor enthusiasm for the online marketplace for second-hand goods. The stock soared 141%, valuing the company at $7.4 billion. Late Wednesday, the initial public offering of 6.6 million shares...
A late slide in several Big Tech stocks left major U.S. indexes lower Thursday, even as small-company stocks marched to another record high. The S&P 500 was weighed down by losses in Apple, Microsoft and other huge tech companies. Those losses outweighed gains in banks, industrials and other sectors. Treasury...
Shares were mostly higher in Asia on Thursday after a lackluster day on Wall Street, where major indexes spent the day drifting up and down near their record highs. Benchmarks rose in Hong Kong, Tokyo and Sydney but fell in Shanghai. U.S. futures were trading slightly higher after the U.S. House of...
Major U.S. stock indexes closed mostly higher Wednesday, ending near the record highs they reached last week. Gains in several Big Tech companies, including Intel, Apple and Amazon, helped nudge the S&P 500 higher, even though most of the stocks in the index fell. Those gains outweighed losses in industrial,...
BEIJING (AP) — Asian stock markets were mixed Wednesday after Wall Street rebounded, shrugging off uncertainty about a possible new attempt to impeach President Donald Trump over last week's attack on the U.S. Capitol. Tokyo, Australia and South Korea advanced while Shanghai was off by 0.1%. Hong Kong...